3847 Kings RdChattanoogaTN37416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chattanooga at 3847 Kings Rd, Chattanooga, TN, 37416 generates $3,347/mo in rent, after a $7,332/mo payment. Total monthly income is $3,347/mo. Return on cash invested sits at 6.47% in year one, and rental yield is 2.68% on a $1,498,000 entry. Equity gained on principal adds $9,666/yr, while 5% annual appreciation builds toward $413,870 over five years. Five-year ROI reaches 30.42% and total cumulative return in cash sums $147,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,347/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37416, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 4,323 (61.1%) |
| Renter Occupied HU | 2,377 (33.6%) |
| Vacant Housing Units | 372 ( 5.3%) |
| Median Home Value | $306,325 |
| Average Home Value | $381,700 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,048
Multi-Family
898
Businesses
654
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Nearby investment properties with comparable prices
Listed by: Liz Albarran • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523479